Tag: Stimulus
PBOC Keeps Prime Lending Rates Steady
The benchmark lending rates of Chinese banks have not changed, suggesting that more monetary easing is anticipated in the first part of 2024. After reducing [more…]
PBOC Makes Largest Cash Injection in Three Years
China’s central bank has increased liquidity support to the banking system by conducting medium-term lending facility (MLF) operations worth 789 billion yuan ($107.96 billion) to [more…]